{"id":8838,"date":"2018-09-25T14:27:09","date_gmt":"2018-09-25T14:27:09","guid":{"rendered":"https:\/\/crigroup.com\/?post_type=case-study&#038;p=8838"},"modified":"2022-03-30T08:40:04","modified_gmt":"2022-03-30T08:40:04","slug":"iso-37001-for-life-science-industry","status":"publish","type":"case-study","link":"https:\/\/crigroup.com\/ar\/case-study\/iso-37001-for-life-science-industry\/","title":{"rendered":"How can life sciences companies prevent bribery and corruption with compliance? Is ISO 37001 the answer?"},"content":{"rendered":"<h3><strong>ISO 37001 for the life science industry<\/strong><\/h3>\n<p>ISO 37001 for the life science industry. Does ISO 37001 Anti-bribery Management Systems (ABMS) be able to eradicate unethical practices in the life sciences industry? Given the crucial role that healthcare plays in society, the impact of unethical and\/or illegal behaviour can be particularly harmful.<\/p>\n<p>CRI Group (parent brand of ABAC) has conducted an empirical review of international laws and conventions; professional association codes; and individual company Anti-Bribery and Anti-Corruption policies, as well as conducting in-depth interviews with ABAC and Life Sciences legal professionals, in order to validate the efficacy of existing measures, and to identify gaps in good practice and enforcement.<\/p>\n<h3><strong>The ebook analysed several aspects including:<\/strong><\/h3>\n<ul>\n<li>ABAC laws and conventions overview including:\n<ul>\n<li>Foreign Corrupt Practices Act, 1977<\/li>\n<li>1997 OECD convention on combating bribery of foreign public officials in international business transactions<\/li>\n<li>2005 UN convention against corruption<\/li>\n<li>UK Bribery Act 2010<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ul>\n<li>Codes of life sciences business practices overview including:\n<ul>\n<li>ABHI Code of Ethical Business Practice 2018<\/li>\n<li>ABPI Code of Practice for The Pharmaceutical Industry<\/li>\n<li>MHRA\u2019s The Blue Guide: Advertising and Promotion of Medicines in the UK<\/li>\n<li>MEDTECH Europe Code of Business Practice<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ul>\n<li>Life sciences companies case studies overview<\/li>\n<li>ISO 37001:2016 &#8211; Overview including:\n<ul>\n<li>Conducting a bribery risk assessment<\/li>\n<li>Ensuring top management responsibility<\/li>\n<li>Employee Awareness and Training<\/li>\n<li>Third-Party Culpability<\/li>\n<li>Support for Whistle-blowers<\/li>\n<li>Internal Accounting Controls<\/li>\n<li>Continual improvement<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ul>\n<li>A Legal Perspective: Interviews with ABAC and Life Sciences Lawyers Overview and Individual Profiles<\/li>\n<\/ul>\n<h3><strong>Findings and conclusion:<\/strong><\/h3>\n<p>Our analysis of six pharmaceutical companies (GlaxoSmithKline, Pfizer, Merck\/MSD, Novartis AG, AstraZeneca PLC, Johnson &amp; Johnson) and their Anti-Bribery and Anti-Corruption violations found they all exhibited:<\/p>\n<ul>\n<li>Inadequate bribery risk assessment<\/li>\n<li>A lack of top management responsibility<\/li>\n<li>Insufficient employee awareness and training<\/li>\n<li>No third-party culpability<\/li>\n<li>Limited support for whistle-blowers<\/li>\n<li>Inadequate internal accounting controls<\/li>\n<li>Limited continual improvement<\/li>\n<\/ul>\n<p>All of these issues would, in theory, have been addressed by adherence to ISO 37001.<\/p>\n<p>Download your free ebook <strong><a href=\"https:\/\/crigroup.com\/download-a-file\/?dynamictext_945=https:\/\/2506761.fs1.hubspotusercontent-na1.net\/hubfs\/2506761\/PDF%20library\/How%20can%20Life%20Sciences%20Companies%20prevent%20Bribery%20with%20Compliance_by%20CRI.pdf\">How can life sciences companies prevent bribery &amp; corruption with compliance? Is ISO 37001 the answer?<\/a><\/strong><\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"http:\/\/How can life sciences companies prevent bribery and corruption with compliance? Is ISO 37001 the answer?\" target=\"_blank\" rel=\"https:\/\/crigroup.com\/download-a-file\/?dynamictext_945=https:\/\/crigroup.com\/wp-content\/uploads\/2021\/How-can-Life-Sciences-Companies-prevent-Bribery-with-Compliance.pdf noopener\"><img decoding=\"async\" class=\"wp-image-8839 size-full alignnone\" title=\"How can life sciences companies prevent bribery and corruption with compliance? Is ISO 37001 the answer?\" src=\"https:\/\/crigroup.com\/wp-content\/uploads\/2020\/09\/LIFE-S1.gif\" alt=\"How can life sciences companies prevent bribery and corruption with compliance? Is ISO 37001 the answer?\" width=\"300\" height=\"225\" \/><\/a><\/p>\n<p>&nbsp;<\/p>\n<p><strong><span data-preserver-spaces=\"true\">Who is CRI<\/span><\/strong><span data-preserver-spaces=\"true\">\u00ae<\/span><strong><span data-preserver-spaces=\"true\">\u00a0Group?<\/span><\/strong><\/p>\n<p><span data-preserver-spaces=\"true\">Based in London, CRI\u00ae Group works with companies across the Americas, Europe, Africa, Middle East and Asia-Pacific as a one-stop international\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cta-service-cms2.hubspot.com\/ctas\/v2\/public\/cs\/preview\/click?cta_guid=b733ad82-0e55-4917-bb02-011bb79f838d&amp;placement_guid=250fb2a7-fa34-4014-a23e-a19ec41aee8a&amp;portal_id=2506761&amp;redirectUrl=https%3A%2F%2Fcrigroup.com%2Four-solutions%2F\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Risk Management<\/span><\/a><span data-preserver-spaces=\"true\">,\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cta-service-cms2.hubspot.com\/ctas\/v2\/public\/cs\/preview\/click?cta_guid=4ec58284-73b3-46f5-a11f-d9dcc6b8e17e&amp;placement_guid=f957ed6c-edc3-4286-ac30-f33caa6f81f9&amp;portal_id=2506761&amp;redirectUrl=https%3A%2F%2Fcrigroup.com%2Femployee-background-checks%2F\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Employee Background Screening<\/span><\/a><span data-preserver-spaces=\"true\">,\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/crigroup.com\/business-intelligence\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Business Intelligence<\/span><\/a><span data-preserver-spaces=\"true\">,\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cta-service-cms2.hubspot.com\/ctas\/v2\/public\/cs\/preview\/click?cta_guid=13966f36-e2fa-4f6b-afeb-5a9004f47f91&amp;placement_guid=67fe51fd-e7a3-4fe3-814a-c8c713aa06e5&amp;portal_id=2506761&amp;redirectUrl=https%3A%2F%2Fcrigroup.com%2Fthird-party-risk-management%2F\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">TPRM<\/span><\/a><span data-preserver-spaces=\"true\">,\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cta-service-cms2.hubspot.com\/ctas\/v2\/public\/cs\/preview\/click?cta_guid=b8a8c479-0172-4651-bdd7-06d3a3e1b42b&amp;placement_guid=26b207ed-54ef-48d8-a2eb-d0931ca99b39&amp;portal_id=2506761&amp;redirectUrl=https%3A%2F%2Fcrigroup.com%2Fdue-diligence%2F\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Due Diligence<\/span><\/a><span data-preserver-spaces=\"true\">,\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cta-service-cms2.hubspot.com\/ctas\/v2\/public\/cs\/preview\/click?cta_guid=e0e860b5-1822-40b5-a34c-d0a8782d97c8&amp;placement_guid=46f09df8-0452-4582-a178-75554e2c10bc&amp;portal_id=2506761&amp;redirectUrl=https%3A%2F%2Fcrigroup.com%2Fcompliance-solutions%2F\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Compliance Solutions<\/span><\/a><span data-preserver-spaces=\"true\">\u00a0and other professional\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cta-service-cms2.hubspot.com\/ctas\/v2\/public\/cs\/preview\/click?cta_guid=186c5f76-08e9-452a-b6c7-53c143e3a42e&amp;placement_guid=da1251cb-798d-4e81-a03a-6484600d1cf1&amp;portal_id=2506761&amp;redirectUrl=https%3A%2F%2Fcrigroup.com%2Finvestigative-solutions%2F\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Investigative Research<\/span><\/a><span data-preserver-spaces=\"true\">\u00a0solutions provider. We have the largest proprietary network of background-screening analysts and investigators across the Middle East and Asia. Our global presence ensures that no matter how international your operations are we have the network needed to provide you with all you need, wherever you happen to be. CRI\u00ae Group also holds\u00a0<\/span><strong><span data-preserver-spaces=\"true\">BS 102000:2013<\/span><\/strong><span data-preserver-spaces=\"true\">\u00a0and\u00a0<\/span><strong><span data-preserver-spaces=\"true\">BS 7858:2012 Certifications<\/span><\/strong><span data-preserver-spaces=\"true\">, is an HRO certified provider and partner with Oracle.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">In 2016, CRI\u00ae Group launched\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/abacgroup.com\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Anti-Bribery Anti-Corruption (ABAC\u00ae) Center of Excellence<\/span><\/a><span data-preserver-spaces=\"true\">\u00a0\u2013 an independent certification body that provides education and certification services for individuals and organisations on a wide range of disciplines and ISO standards, including\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/abacgroup.com\/iso-31000-risk-management\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">ISO 31000:2018 Risk Management- Guidelines<\/span><\/a><span data-preserver-spaces=\"true\">;\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/abacgroup.com\/iso-37000-governance-of-organisations\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">ISO 37000:2021 Governance of Organisations<\/span><\/a><span data-preserver-spaces=\"true\">;\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/abacgroup.com\/iso-37002-whistleblowing-certification\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">ISO 37002:2021 Whistleblowing Management System<\/span><\/a><span data-preserver-spaces=\"true\">;\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/abacgroup.com\/iso-37301-certification\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">ISO 37301:2021 (formerly ISO 19600) Compliance Management system (CMS)<\/span><\/a><span data-preserver-spaces=\"true\">;\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/abacgroup.com\/aml-training\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Anti-Money Laundering (AML)<\/span><\/a><span data-preserver-spaces=\"true\">; and\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/abacgroup.com\/iso-37001-anti-bribery-certification\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">ISO 37001:2016 Anti-Bribery Management Systems ABMS<\/span><\/a><span data-preserver-spaces=\"true\">. ABAC\u00ae offers a complete suite of solutions designed to help organisations mitigate the internal and external risks associated with operating in multi-jurisdiction and multi-cultural environments while assisting in developing frameworks for strategic compliance programs.\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cta-service-cms2.hubspot.com\/ctas\/v2\/public\/cs\/preview\/click?cta_guid=2636d9bd-18de-499a-87a0-d62c4dd9c096&amp;placement_guid=c423f6be-c336-4a5b-834b-d1bccfd03ad6&amp;portal_id=2506761&amp;redirectUrl=https%3A%2F%2Fabacgroup.com%2Fcontact%2F\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Contact ABAC\u00ae for more<\/span><\/a><span data-preserver-spaces=\"true\">\u00a0on ISO Certification and training.<\/span><\/p>\n","protected":false},"featured_media":15828,"template":"","categories":[16,12,36],"tags":[],"class_list":["post-8838","case-study","type-case-study","status-publish","has-post-thumbnail","hentry","category-compliance-solution","category-due-diligence","category-pharmaceutical-healthcare"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v16.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<meta name=\"description\" content=\"ISO 37001 is vital for the life science industry, to actively mitigate the risk of bribery and corruption in the workplace\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/crigroup.com\/ar\/case-study\/iso-37001-for-life-science-industry\/\" \/>\n<meta property=\"og:locale\" content=\"ar_AR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ISO 37001 for life science industry | Bribery and corruption best prevention!\" \/>\n<meta property=\"og:description\" content=\"ISO 37001 is vital for the life science industry, to actively mitigate the risk of bribery and corruption in the workplace\" \/>\n<meta property=\"og:url\" content=\"https:\/\/crigroup.com\/ar\/case-study\/iso-37001-for-life-science-industry\/\" \/>\n<meta property=\"og:site_name\" content=\"Corporate Research &amp; Investigations | CRI Group\u2122\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/crigroup\/\" \/>\n<meta property=\"article:modified_time\" content=\"2022-03-30T08:40:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/crigroup.com\/wp-content\/uploads\/2018\/09\/Website-Featured-Image-2.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"628\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@crigroup\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Organization\",\"@id\":\"https:\/\/crigroup.com\/#organization\",\"name\":\"CRI Group\\u2122\",\"url\":\"https:\/\/crigroup.com\/\",\"sameAs\":[\"https:\/\/www.facebook.com\/crigroup\/\",\"https:\/\/www.linkedin.com\/company\/corporateresearchandinvestigations\/\",\"https:\/\/www.youtube.com\/channel\/UCn-EXXdew6XIApQm0kyGPMw\/\",\"https:\/\/twitter.com\/crigroup\"],\"logo\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/crigroup.com\/#logo\",\"inLanguage\":\"ar\",\"url\":\"https:\/\/crigroup.com\/wp-content\/uploads\/2022\/04\/CRI-Group-Copy.jpg\",\"contentUrl\":\"https:\/\/crigroup.com\/wp-content\/uploads\/2022\/04\/CRI-Group-Copy.jpg\",\"width\":1920,\"height\":796,\"caption\":\"CRI Group\\u2122\"},\"image\":{\"@id\":\"https:\/\/crigroup.com\/#logo\"}},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/crigroup.com\/#website\",\"url\":\"https:\/\/crigroup.com\/\",\"name\":\"Corporate Research &amp; Investigations | CRI Group\\u2122\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/crigroup.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":\"https:\/\/crigroup.com\/?s={search_term_string}\",\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"ar\"},{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/crigroup.com\/case-study\/iso-37001-for-life-science-industry\/#primaryimage\",\"inLanguage\":\"ar\",\"url\":\"https:\/\/crigroup.com\/wp-content\/uploads\/2018\/09\/Website-Featured-Image-2.jpg\",\"contentUrl\":\"https:\/\/crigroup.com\/wp-content\/uploads\/2018\/09\/Website-Featured-Image-2.jpg\",\"width\":1200,\"height\":628,\"caption\":\"How can life sciences companies prevent bribery and corruption with compliance? 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